Funding you earn now, next payment 06:00 UTC+0.0007%/8h= +0.8% APRnext payment +$0.01 per $10,000 · paid last 24h +0.031%
Price spread now: Arcus against Injective−1.336%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Arcus is 1.336% cheaper against Injective than usual: you would sell low and buy high, −$134 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective MU/USDC PERP | 1,051.4 | 0.0033 | pay 0.0004% / 1h | 12m 52s | $19K | $5K | 12x |
| Short | Arcus MU-USD | 1,037.3 | 0.0040 | get 0.0005% / 1h | 12m 52s | $70K | $231K | 10x |
Injective MU/USDC PERP
Arcus MU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Injective. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $1.46
- Price spread: −1.336% → 0.000%
- −$133.64
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$136.7
- Costs to cover
- 0.045%
- Break-even
- 663.1 days
Slippage unknown: Injective: no order-book sample; Arcus: live order book, 35 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Injective no order-book sample | — | — | — | — | — |
| Sell Arcus live order book, 35 min ago | 3.74 bp | 10.9 bp −$11 | 13.4 bp −$134 | doesn't fit | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
MU on 37 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MUUSDT | −0.0162% | 8h | 1,039.4 | −1.141% | $20.3M | $41.2M | 50x | as long as short |
| edgeX MUUSDC | −0.0146% | 4h | 1,036.6 | −1.400% | $1.3M | $673K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,039.1 | −1.162% | $21.1M | $57.2M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,039.6 | −1.119% | $122.0M | $534.9M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,040 | −1.081% | $18.6M | $32.1M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,039.6 | −1.119% | $30.0M | $101.3M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,039.2 | −1.157% | $315K | $383K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,039.4 | −1.142% | $61.5M | $28.5M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,036.4 | −1.423% | $2.5M | $2.5M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,037.3 | −1.334% | $84K | $1.4M | 10x | as long as short |
Bitget MUUSDT
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Variational Omni MU
GRVT MU_USDT_PerpShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USD | 0.0000% | 1h | 1,038.1 | −1.259% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,040.6 | −1.027% | $11K | $5.7M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,038.8 | −1.191% | $74K | $527K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,038.8 | −1.199% | $127K | $449K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0015% | 1h | 1,037 | −1.361% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0023% | 1h | 1,039 | −1.174% | $7.0M | $18.2M | 10x | as long as short |
| Nado MU-PERP | +0.0024% | 1h | 1,038.9 | −1.188% | $277K | $818K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,039 | −1.176% | $1.2M | $4.6M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,039.2 | −1.158% | $538K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERPlong | +0.0033% | 1h | 1,051.4 | long leg | $19K | $5K | 12x | |
| Bullet MU-USD | +0.0036% | 1h | 1,039.3 | −1.145% | $25K | $389K | 10x | as long as short |
| Arcus MU-USDshort | +0.0040% | 1h | 1,037.3 | −1.336% | $70K | $231K | 10x | |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,038.9 | −1.182% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,039 | −1.176% | $176.7M | $91.9M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,039 | −1.176% | $169K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,038.8 | −1.197% | $682K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,037.1 | −1.361% | $1.9M | $2.5M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0054% | 8h | 1,039.2 | −1.159% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,038.6 | −1.211% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,038.5 | −1.228% | $147K | $189K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,038.9 | −1.186% | $5.2M | $3.8M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,037.1 | −1.354% | $70K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,038.7 | −1.209% | $826 | $799 | 20x | as long as short |
| Lighter MU | +0.0104% | 1h | 1,039.1 | −1.165% | $1.0M | $5.0M | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,039 | −1.178% | $1.5M | $2.0M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0144% | 1h | 1,036 | −1.464% | $731K | $1.3M | 10x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,039 | −1.176% | $531K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSD
QFEX MU-USD
Nado MU-PERP
Lighter RH MU
Extended MU_24_5-USD
Bullet MU-USD
Vest MU-USD-PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Lighter MU
BloFin MU-USDT
Coinbase International MU-PERP-INTX
Phoenix MU